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I would be careful with "actually being changed". They pushed it to start on 2024, so there is nothing being changed. They still can rollback it because of the
by pelasaco 4y ago
I would be careful with "actually being changed". They pushed it to start on 2024, so there is nothing being changed. They still can rollback it because of the war, because of the economy, because we have to protect our kids, because Hungary doesn't like it, you name it.
In another hand, it's a market, as stated in their website, "It is the world's first major carbon market and remains the biggest one."[0], so for sure it will be a huge source of income and therefore the countries will have much more incentive to do it. I saw already the same in another countries and the results weren't so spectacular, but instead the whole supply chain just got more expensive, which meant the prices raised to the customers.
[0]: https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system-eu-ets_en https://climate.ec.europa.eu/eu-action/eu-emissions-trading-...
- cube2222 4y agoRaised prices are an expected result of these changes. You're paying for the emissions and it becomes part of the cost of production, so in effect raises the price. That's a good thing and helps "green" products compete.